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20121005
20121005
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CNBC 2
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CNBC
Oct 5, 2012 3:00pm EDT
. >> cover the kids' ears. "sesame street" is now a political football. mitt romney shot at funding pbs at wednesday's debate. >> today, president obama took it on as well. >> for all you moms and kids out there, don't worry, somebody is finally getting tough on big bird. rounding him up. elmo's got to watch out too. governor romney plans to let wall street run wild again, but he's going to bring down the hammer on "sesame street." >> i know everybody wants to be sympathetic to big bird and to "sesame street." i love the product. it was started the year i was born. >> thanks, bring that up. >> why does taxpayer money need to go to a product that is clearly so profitable? they have toys. they have games. they make money from licensing and revenue. why do taxpayers have to subsidize that? as a stand alone business, "sesame street" will do just fine. >> doesn't the profit from all those toys go to the nonprofit group? there's a children's television workshop that gets the money. >> they nonprofit, so why does taxpayer money subsidize a nonprofit? >> you can make an argument easily that hel
CNBC
Oct 4, 2012 11:00pm EDT
. much was made of this comment by romney -- >> i like pbs. i love big bird. i actually like you, too. >> all right. i'll make this point. stay away from the whole toy merchandise cohort. when he bad back to school numbers. no money to be made here whatsoever. finally, we got the toughest call of all, the health care gambit. a lot of mistaking people scooped up all of the drug and health maintenance stocks today because of romney's perceived victory and the concomitant belief that if obama care goes right out the window when day one of the new presidency, it's good for big pharma and for health maintenance organizations. to which i say sorry. that is very wrong. in truth, big pharma and the hmos have been gigantic winners off obama care. they made their peace with it. they profited from it. some would say they co-opted it. that's why i warned on twitter not to get too caught up in the benefits of a possible obama care repeal. it may not be as bountiful as you wish them to be. you may have to sell the stocks that people bought today. obama care is so fabulous for big pharma and health
Search Results 0 to 1 of about 2